Search Results for: International business

BY KEITH NUTHALL
THE EUROPEAN Union’s foreign ministers have warned in a tough joint statement that the EU’s relationship and cooperation with Iran would be “reviewed” if its government did not agree to an enhanced nuclear inspections protocol as required by the International Atomic Energy Agency.…

BY RICHARD HURST
THE SOUTH African Competition Commission has given the green light to the proposed merger between Harmony Gold and African Rainbow Minerals Gold (ARMgold). The deal includes the acquisition of all the issued share capital of ARMgold by Harmony; once finalised, the merged business will be the largest gold producing company in South Africa.…

BY ALAN OSBORN
THE EUROPEAN Commission has formally asked EU ministers to approve a new protocol to the Paris Convention on international nuclear insurance, allowing a significant extension of cover. Brussels says this may now be widened to cover damage to the environment, non-material damage and the cost of safeguard measures.…

BY KEITH NUTHALL
THE EUROPEAN Commission has formally asked EU ministers to approve a new protocol to the Paris Convention on international nuclear insurance, allowing a significant extension of cover via a tough hike in the third party liability of power stations.…

BY KEITH NUTHALL
THE EUROPEAN Commission has declared itself well satisfied with the results of the World Radiocommunication Conference, staged by the International Telecommunications Union, which it says has allocated enough spectrum to allow the efficient roll-out of new wireless and broadband comms systems.…

BY KEITH NUTHALL
THE INTERNATIONAL Maritime Organisation has approved a significant tightening of its MARPOL convention regarding the phasing out of certain oil tankers, although it has postponed many formal decisions on the issue until a key meeting in December. Following political pressure – especially from the EU – IMO’s Marine Environment Protection Committee agreed to bring forward from 2005, from 2007 the phasing-out of ‘category 1’ tankers delivered before the MARPOL convention came in force in 1982.…

BY ALAN
International insurance cover for nuclear risk is to be extended in the EU following a decision by the European Commission to approve a new protocol amending the Paris Convention. This will allow the concept of nuclear damage to cover damage to the environment, non-material damage and the cost of safeguard measures and will extend geographical scope to cover third countries that are not parties to the Convention such as Ireland and Luxembourg.…

BY ALAN OSBORN and KEITH NUTHALL
EUROPEAN Union ministers have agreed to a significant strengthening of EU regulations covering the counterfeiting of goods, a key move for many small businesses, given that insurance against losses caused by their receiving fake goods is hard to obtain, even though the cost of resulting seizures or losses in value may be significant.…

KEITH NUTHALL
THE NEWLY re-named international Aquatic Animal Heath Standards Commission (formerly the Fish Diseases Commission) has warned of an outbreak of infectious haematopoietic necrosis amongst farmed trout in Austria. So far 3,500 fish have died or been culled at a farm in Salzburg province, with the commission saying 8,400 fish are vulnerable to exposure, it said.…

BY MARK ROWE
THAI farmers of black tiger prawns have launched a series of protests across the country calling for a ban on cheap imports of prawns from neighbouring countries. The farmers are angry that the prawns are simply processed and re-exported, undercutting their own market in the process.…